GOLD gold futures
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gold approaching pivot point., page-8

  1. timber1956
    7,424 Posts.
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    13/10/11
    08:47
    Post #: 9134002
    Further to my earlier comment...

    Gold fell again in AUD terms last night. This runs contrary to my model which assumes high AUD-Gold correlation.

    My impression is that the market is having trouble obsorbing the volume released into the market by long term profit taking in August-September.

    My opinion only ...
    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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